ISLAMABAD: The National Power Regulatory Authority (NEPRA) has granted a 10-year licence to the Private Power & Infrastructure Board (PPIB) to act as an independent auction administrator (IAA) in the country’s power sector. The licence will allow PPIB to implement a competitive market regime, known as the Competitive Trading Bilateral Contract Market (CTBCM), to procure electricity through transparent and efficient bidding. PPIB will be intended to facilitate state-run ex-Wapad distribution companies (XW-DlSCOs)/Suppliers of Last Resorts (SoLR) in meeting their capacity obligations by procuring new capacity and energy to fulfill their…
Read MoreNEPRA awards 10-Year Licence to PPIB to run power auctions in Pakistan
